The Company reported revenues of $129 million (a 54% increase versus the
prior year's quarter) and EBITDA of $26 million (a 20% increase versus
the prior year's quarter) driven primarily by acquisitions.

Net loss per share from continuing operations was ($0.03) compared with
net income of $0.01 in the prior-year period. Increased losses in the
current period were driven by higher deferred income taxes and higher
foreign exchange losses from financing transactions, which more than
offset the improvement in EBITDA, reduced transaction and restructuring
expenses, and lower financial expense.

Mood Media recently announced it has entered into a definitive agreement
to dispose of the substantial majority of its retail point-of-sale
assets, which had been classified as a discontinued operation earlier
in 2012. The sale is subject to regulatory approvals and customary
closing conditions.

"We were successful in achieving some important milestones in the
quarter," said Lorne Abony, Chairman and CEO of Mood Media. "These
include progress with our integration activities, achievement of our
first quarter financial guidance, and the successful resolution of our
ownership position in our discontinued operation, Mood Entertainment.
These factors bode well for us for the duration of 2013 and 2014."

"We are accelerating our efforts to realize on the potential of our
asset base by integrating our processes, innovating with our products
and realigning our sales activity. We are working hard on executing
more quickly and effectively and the results are starting to come
through. I am more excited than ever about the opportunities in front
of us and I believe the best days are still ahead. "

Pro Forma Key Performance Indicators

Q1.12

Q1.13

Revenues

Recurring and royalty revenues

89,907

90,361

Visual services revenues

25,587

25,679

Equipment revenues

16,087

13,047

Total revenues

131,581

129,087

Total subscribers (end of period)

432,438

439,752

Audio subscribers

427,149

428,157

Visual subscribers

5,289

11,595

Blended ARPU

$

59.22

$

59.00

Blended Churn

0.7%

0.8%

Note: the Company has reclassified certain revenue and subscriber data
in the current presentation.

On a pro forma basis, reflecting all acquisitions as if they had
occurred as of Jan. 1, 2012, revenues declined by 2% year-over-year in
the first quarter. Underlying that performance, recurring and visual
services revenues were stable in the period, while equipment revenues
declined by 18% year over year.

Recurring and royalty revenues in the period were affected by positive
trends in several categories within the visual and audio business.
However, these positive trends were largely offset by competitive
activity in 2012 that carried through to the Q1 2013 performance.

Visual services revenues also remained flat. Visual services revenues
represent the Company's flagship visual operations, and consists
primarily of Technomedia and BIS, both of which were acquired in 2012.
These businesses do not operate on a subscription revenue model and
accordingly have been classified with sale of goods in the Company's
statutory accounts.

Equipment revenues declined in the first quarter of 2013 relative to the
prior year's quarter which is attributable to the normal quarterly
variability that is typical for this revenue segment, and also a higher
mix of installations that had a lower equipment component associated
with it.

This earnings release, which is current as of May 9, 2013, is a summary
of our 2013 first quarter results, and should be read in conjunction
with our first quarter 2013 MD&A and our 2013 first quarter
Consolidated Financial Statements and Notes thereto and our other
recent filings with securities regulatory authorities in Canada and the
United Kingdom.

The financial information presented herein has been prepared on the
basis of IFRS for interim financial statements and is expressed in
United States dollars unless otherwise stated.

This news release includes certain non-IFRS financial measures. Mood
Media uses these non-IFRS financial measures as supplemental indicators
of its operating performance and financial position. These measures do
not have any standardized meanings prescribed by IFRS and therefore may
not be comparable to the calculation of similar measures used by other
companies, and should not be viewed as alternatives to measures of
financial performance calculated in accordance with IFRS.

In this earnings release, the terms "we", "us", "our", "Mood Media" and
"the Company" refer to Mood Media Corporation and our subsidiaries.

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM), is one of the world's
largest designers of in-store consumer experiences, including audio,
visual, interactive, scent, voice and advertising solutions. Mood
Media's solutions reach over 150 million consumers each day through
570,000 subscriber locations in over 40 countries throughout North
America, Europe, Asia and Australia.

Mood Media Corporation's client base includes more than 850 U.S. and
international brands in diverse market sectors that include: retail,
from fashion to financial services; hospitality, from hotels to health
spas; and food retail, including restaurants, bars, quick-serve and
fast casual dining. Our marketing platforms include 77% of the top 100
retailers in the United States and 100% of the top 50 quick-serve and
fast-casual restaurant companies.

This press release contains forward-looking statements. The words
"believe", "expect", "anticipate", "estimate", "intend", "may", "will",
"would" and similar expressions and the negative of such expressions
are intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words. These
forward-looking statements are subject to important assumptions,
including without limitation, expected growth, results of operations,
performance, and business prospects and opportunities. While Mood Media
considers these factors and assumptions to be reasonable based on
information currently available, they may prove to be incorrect.

Known and unknown factors could cause actual results to differ
materially from those projected in the forward-looking statements. Such
factors include, but are not limited to: the impact of general market,
industry, credit and economic conditions, currency fluctuations as well
as the risk factors identified in Mood Media's management discussion
and analysis dated May 9, 2013 and Mood Media's annual information form
dated March 28, 2013, both of which are available on www.sedar.com.

Given these uncertainties, readers are cautioned not to place undue
reliance on such forward-looking statements. All of the forward-looking
statements made in this press release are qualified by these cautionary
statements and other cautionary statements or factors contained herein,
and there can be no assurance that the actual results or developments
will be realized or, even if substantially realized, that they will
have the expected consequences to, or effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood
Media disclaims any obligation to update or revise the forward-looking
statements, whether as a result of new information, future events or
otherwise, except as required by applicable laws.

Mood Media Corporation presents EBITDA information as a supplemental
figure because management believes it provides useful information
regarding operating performance. EBITDA is not a recognized measure
under International Financial Reporting Standards ("IFRS"), does not
have standardized meaning, and is unlikely to be comparable to similar
measures used by other companies. Accordingly, investors are cautioned
that EBITDA should not be construed as an alternative to net earnings
or (loss) determined in accordance with IFRS as an indicator of the
financial performance of Mood Media or as a measure of Mood Media's
liquidity and cash flows.